This Simple Pattern Suggests Ethereum Is Preparing For Another Leg Higher

This Simple Pattern Suggests Ethereum Is Preparing For Another Leg Higher

Ethereum 15

Ethereum is showing positive signs and it traded to a new monthly high at $281 against the US Dollar. ETH price likely to continue higher as long as it is above $260.

  • Ethereum extended its rally above the $270 and $275 resistance levels.
  • The price traded to a new monthly high at $281 and it is currently correcting lower.
  • There is a new contracting triangle forming with resistance near $272 on the…

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